The slowdown in China's economy and higher interest rates at home will put significant pressure on the Australian economy, though the country should manage to avoid a recession, Treasurer Jim Chalmers said on Wednesday. China has been rolling out a string of support measures to revive a stumbling economy after its post-pandemic recovery fell away quickly. Demand at home and abroad has weakened and a deepening property crisis has put more pressure on growth. Ahead of the release of gross domestic product data later on Wednesday, Chalmers said Australia had not been immune from weakness in the global economy but the ... (full story)